how to find a promising projects?

[harizen]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

Almost all projects do have a promising development. The question is, will they able to keep their promise and follow properly the roadmap on the way? It's hard to determine if the project will be a scam if the developers are active on the way, of course, unless the projects show the common and usual behaviour that they are scams from the start.

I will assume you are an internet guy for a long now so I guess you already know how to spot obvious traits where you can call a project a scam. Now on the part of how to choose legit ones, you really need to enhance your DYOR.

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[Sled]

hello everyone
my question is how to find a promising project?

I ask you back, how would you find the missing one? In here, you don't need to find them, you are just wasting your time, honestly.

how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

Some scam projects can be identified easily but some are not. That is why we need to have time searching before we invest.

Everyone here had different experiences in regards to scams and all of them had suffered losses.

So, if you are about to invest in crypto, better to check their review first. Don't get tempted by those who offer you big rewards, doubling your money that was a big lie and that was a big scam.

[adzino]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

You have to look for that "promising" project you are talking about. Learn about existing and new projects. See if they have anything new to provide to you. Read about them and you will know if they are a "promising" project or not. But don't get fooled by just reading the whitepaper or articles. See if they are actively developing or not. There are projects that say they will do all the shit, but once they start, they stop developing because what they wanted to achieve was impossible for them. The project eventually dies. Projects that are based on current trend and hypes are most likely scam. So don't invest in those.

[Valak]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

you as an investor read the whitepaper and roadmap.. do the analysis, don't invest without analysis it is very dangerous. dyor.

[letyouearn]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

One of the best and easiest methods is checking its backers. Who are they? How many famous funds supported the project? And how to check this info if it is just presented on the project website? Many projects are lying about their backers, so you should count this in.

[bitzizzix]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

Do in-depth and thorough research on the project you want to participate in, understand everything well and don't be lazy to read until the end because reading sometimes makes us lazy so that mistakes that occur without realizing it are on ourselves.
I recommend reading the whitepaper of your chosen project, the whitepaper provides a more in-depth description of the purpose, benefits and technology of cryptocurrencies. After reading the white paper of a project or two, you should not only find your next investment, but also have a better understanding of the underlying technology they use.

[QueenVera]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

Website of a project holds alot of information, read through those and you can easily identity the fakes. First they will have fake information on their team. There is nothing bad if you intend been an anonymous project but do not lie with fake details as that is a very red flag. Be anonymous and stay that way then wait for believers to invest. Next is the Whitepaper, if you intend investing in a project do well to read about their ideology and what they intend achieving.

You should also review their roadmap and consider how achievable they are  many scams input spicy and juicy things to attract speculators meanwhile there is no plan in place to achieve all they have stated on their road map. Project that are genuine are usually more on developed then marketing bit the scams focus on marketing without any product.

[traderethereum]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

I do not think you can find it easily but all new and old projects are promising projects but with terms and conditions.
You can say the project has a good future but the other people can not have the same opinion as you as they will use the other things to search for more info about the project.
It will be the same thing for the scam project as we do not know which project can become a scam because it will need time before we know the truth.
If there are no more clues about the project, especially they do not have good progress to running the project, that will be the time for you to suspicious and maybe you can leave it before the project scam you.

[Ararbermas]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

if you're looking for a real project mate then i suggest visit coinmarketcap or CoinGecko because these two is very legitimate to be honest wherein very informative when it comes listing a project and they don't accept any offer and excuses from a new projects unless if they can cope the requirements for the listing.. They're trusted sites mate when it comes crypto so if you want to prevent scam project go directly on that sites, instead of searching anywhere else..

[jaberwock]

my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here

I don't think I have heard of any platform that will tell if a coin/token is not scam or it is scam, even coinMarketCap will only provide you with information. I think it simply about making your research and considering some factors like; the idea behind the creation of the coin/token if it is feasible the developer, those partnering with the coin/token and many other things. And I tell you you will not fall into scam project.

Moreover, as we have bitcoin already, I guess you never need to go beyond that for your hard earned money. You can easily make good returns with bitcoin investments for sure. Currently bitcoin is trading at bottom price levels hence buying now it definitely help you to realize your dreams financially.

[Kadal Ijo]

I always use Coinmarketcap as a reference for trading or looking for new projects that have the opportunity to be profitable, of course there are other sites for comparison but I think the features and information on Coinmarketcap are enough to make a decision.

[poodle63]

promising projects that could bring more and more benefits and return of investment in the long term could be determined by many things but surely these couldn't give 100% guarantee that the project itself could succeed in the future.
There are many things that should be considered and some of the most crucial are their partnership with the big venture capital and the famous exchange that should boost their fame because a fundamentally good projects isn’t enough to make them a good long term investment. Just see the meme coins although most of them are lacking in fundamentals they could increase their market capitalization really fast because they’re just famous and following the current trend that could helps them build their standing despite really lacking in terms of fundamentals. You can try to use marketcap coin like cmc to find that and when you wanna try to get a new project and you can do to the icodrop. top 7 ico and cryptorank were good enough

[lobo13hf]

hello everyone
my question is how to find a promising project?

It's not easy. You need to did various research started from analizing the team, roadmap, hype, code, and many more. These things can be done when you can spend a lot of time to dig the project.

how to check the project is scam or real?

Try to dig it and do your own research. If the team was not revealing their identity and it has more than 80% chance to be another scam project and this must become the main concern to analyze or discover the scam project and avoid to invest on it.

if u have experience  can u share this experience in here
thanks

I have shared that but you must focus on the team. If you are not so pro in programming language and then you can ask someone who expert on this to audit the code.

[oemar bakrie]

if you want to get a good project, my method might be to see the team in the project, for example, the bounty manager has less value or not, and also as long as the project is held in smooth distribution or not because all of that requires accuracy..and also what the future project concept looks like by looking at the grub that we can access..

[sulendra12]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

You have to research everything even on little details because it could make lot of impact on your decision. Stuff like if they put effort on making website to look really promising, if the team has involved into another scam projects in the past, if the whitepaper is plagiarized, if the social media account is active, if the team on telegram is really active and so on. So many stuff to search, you have to do it anyways to ensure your best decision.

[el kaka22]

I feel like if something looks too good to be true, but you can't find the problem, and NOBODY found the problem, then maybe it is actually very good? I know the saying "if it looks too good to be true, then usually it is" but people just look at good projects with great potential and then they just think it is impossible and move on.

Yes, there are thousands of projects that will fail, but at the same time the good ones will look good, something bad won't make you rich, even though there are many scams out there, the fact that the very good ones will stand out still holds. So, look for things that look great and nobody could find a proper reason for it to not be great.

[GeorgeJohn]

There is no platforms that will tell you that a project is promising, even coinmarketcap and coingecko only lead people to the right links for coins and tokens and shows full information about every coins and tokens, do your own research and take your risks, you are on your own

I believe that concept that stipulates that we have no professional platform that can indicates that a project is promoting or is not promising, it just come to my knowledge that some points are fallacy and people just frame some points to keep theyself update wrongly, it's your practical research analysis that will let you know when you have a potential coin it doesn't matter a particular building platform or site that will indicates the potential of coin.

[JeffBrad12]

hello everyone
my question is how to find a promising project?

Try to check whether such a project has been backed by venture capital or not. I think that when the project is backed by so many parties it can be said that if the project has massive support by so many parties and it means this project has been running by trusted developers. This will make you spend a short time to analyze whether it's a scam project or not. Im sure that venture capital like binance labs will never try to invest in scam project.

how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

You can use the suggestion that i have written above and that may give you a small insight about how to pick the trusted project safely. So many scam projects are exist in the market these days and that's why you must be careful with any project. Try to learn the project before try to invest on it. DYOR is a must for everyone.

[Pelana vreo]

hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience  can u share this experience in here
thanks

You must have lots of friends in this forum or telegram group and see new projects on social media.
After that look at the project and how they run the project according to the roadmap, once it's done, look at MC, there you can buy altcoins at low prices when the market cap is under $100k usd, but still do your research before investing, recently I found a L1 blockchain project like Berylbit, the team is still developing the blockchain and you can see it here
https://github.com/BerylBit/Chain-source-

[redwine49]

Third you have to gain your own experience in every detail and learn from your own mistake.

Sometimes we don't need our own experience to know what to do especially with the kind of enquiry that op is asking. If you learn from other people's mistake then nothing is wrong with that. In terms of buying coin, there is nothing special learning from others and avoiding mistakes but truth be heard that it is not easy not making personal mistake as it is part of the business of investment. To reduce such mistake is when you don't become foolish to invest in obvious scam project. Get to their telegram group and spend some time reading reviews it helps.

yep, that's not wrong but do you know about "dumb money" or what ever you want to call it. Some people just doesn't want to understand, their own assumtion is they are right until they're making personal mistake but if they can't accept it, they'll just quit. My point is I don't want to tell them what to do or become a bullshit seller in people's mind who takes advantage of people.

Look at this bitcoin dump today. I think a lot of new people have just quit when they see they are lost now. Panic, losing hope or whatever the reason, maybe they just can't accept what they've done and some learn from their own mistake. Reduce some mistake? it's their own choice their own freedom, which way they want to listen and choose.

“Freedom is not worth having if it does not include the freedom to make mistakes.”
― Mahatma Gandhi

In the end it's doesn't matter who is right and who is wrong. what matter is how you deal with it